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TransUnion Q1 Adjusted Earnings, Revenue Gain; Sets Q2 Outlook; Raises 2024 Guidance; Shares Rise
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TransUnion Q1 Adjusted Earnings, Revenue Gain; Sets Q2 Outlook; Raises 2024 Guidance; Shares Rise
Apr 25, 2024 7:21 AM

09:57 AM EDT, 04/25/2024 (MT Newswires) -- TransUnion ( TRU ) reported Q1 adjusted earnings Thursday of $0.92 per diluted share, up from $0.80 a year earlier.

Analysts polled by Capital IQ expected $0.81.

Revenue for the quarter ended March 31 was $1.02 billion, up from $940.3 million a year earlier.

Analysts surveyed by Capital IQ expected $978.0 million.

TransUnion ( TRU ) said it expects Q2 adjusted EPS of $0.95 to $0.98 on revenue growth of 5% to 6%. Analysts surveyed by Capital IQ expect normalized EPS of $0.91 on revenue of $1.01 billion.

The consumer credit reporting company increased its 2024 adjusted EPS guidance to $3.69 to $3.86 on revenue growth of 5% to 6.6%, from the previous outlook of $3.57 to $3.74 on revenue growth of 3% to 5%. Analysts polled by Capital IQ expect normalized EPS of $3.72.

TransUnion ( TRU ) shares rose by more than 9% in recent trading.

Price: 74.68, Change: +6.00, Percent Change: +8.74

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